A relatively new term in discussions about industrial space and commercial property is flex space. Perhaps you are familiar with it; however, if you are not, this article will fill in some of the blanks, so to speak. What is flex space and why we believe flex space is worth considering if you are looking to rent industrial space or commercial property for rent.
We are Box Office Warehouse Suites, serving the Greater Fort Worth Metro area with affordable commercia and industrial property for rent. Call us at 817-439-3224 for more information.
What is flex space?
Flex space, short for “flexible space,” is a category of commercial real estate that offers unparalleled adaptability to accommodate a wide variety of business needs. Unlike traditional real estate assets like offices, retail, or industrial warehouses, flex spaces blend functionalities into a single property. They are the Swiss Army knife of the real estate world—configurable, scalable, and suitable for tenants across diverse industries.
At its core, flex space is a type of property that allows multiple uses within one facility.
Five reasons why we believe flex is the way to go.
- Expanding operations: As your business grows, you can easily add more space.
- Versatile space: Flex space allows you to adjust the configuration to fit your needs.
- Easy integration: Your business will easily fit into the existing space without worrying about building additions.
- Cost-effectiveness: Flex space is often more affordable than traditional business space.
- Flexibility: Flex space can be customized to accommodate a wide range of businesses.
Imagine leasing a property, say a warehouse for rent, and discovering, three years later, that the needs of your business have changed, that you now need an office and additional space; or imagine leasing a small office with a small storage room, only to realize that your inventory is growing rapidly, much too rapidly, and that storage room will be absolutely worthless to you in a matter of a year or two.
With traditional commercial property for lease you are facing the real probability of moving your business, something most business owners will tell you is a business decision which should be avoided if at all possible. Moving a business means losing customers, either short-term or long-term, and that is never a good outcome for a decision.
Flex space gives you the “flexibility” to handle changes as they occur. It can adjust to the changing market and the changing situations you will find yourself in as a business owner.
Weigh the options and choose best for your situation.
Much of the newer industrial and commercial property being built is, in fact, flex space. The only time you are facing property which is not flexible is when you are leasing property which was built several decades ago. Keep that in mind.
Make a list of your specific needs and use that list for reference when looking at possible “fits” for your business. Those are our words of wisdom for this situation. For more words of wisdom call Box Office Warehouse Suites, Alliance Area, the Fort Worth Design District.
A final word about Box Office Warehouse Suites.
Box Office Warehouse Suites is locally owned and operated by RDS Real Estate. Call us for all your commercial and industrial needs. We offer practical, affordable, and flexible properties for your consideration.